Alternate financing for SaaS SMB

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March 28, 2024

by a searcher in New York, NY, USA

We recently went under LOI for a ~$1m SaaS SMB that is not SBA-eligible due to its current international incorporation. While we can execute the deal using a mix of cash, Boopos and seller financing (~30%), we would like to explore alternate financing options (i.e., non-SBA notes, etc.) that may be less expensive than Boopos and have a longer term.

Some financial highlights the business:

-~$200k EBITDA
-~2% historical average churn rate

If you know of any options, please comment on this post and we will PM with more detail.

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Reply by an intermediary
from Florida State University in United States
Send me an email with details at redacted
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Reply by a searcher
from Concordia University in Toronto, ON, Canada
would like to learn more - redacted
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